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INSURANCE COMMISSION EXPENSE
UK imposes new sanctions on Russian shadow fleet after Indian captain arrestAjay Pant, 38, was arrested by the National Crime Agency (NCA) during a joint operation with British armed forces to intercept a Russian sh...- No Covid, yet Rs 3.71 lakh hospital bill: Gujarat man's insurance paid only Rs 1.78 lakh, deducting Rs 1.64 lakh; Then court delivered justiceA Gujarat consumer commission ordered a hospital and doctor to refund Rs 1.64 lakh to a patient. The patient was wrongly billed under a Cov...
- Retirement planning: 7 golden rules you must consider for easy retirementRetirement planning should focus on generating sustainable income while ensuring the corpus lasts throughout life. Key factors include acco...
- Health insurance company denies claim over father’s alleged alcohol history; son fights back and wins Rs 6 lakhA software engineer's father's health insurance claim was denied by HDFC ERGO due to an alleged alcohol history. The insurer repudiated the...
- Commission caps to pose existential threat to insurance distributors: Policybazaar’s Yashish DahiyaPolicybazaar faces potential business disruption from IRDAI's proposed commission caps, prompting consideration of an insurance manufacturi...
- Court orders Royal Enfield to pay Rs 5 lakh compensation to Continental GT 650 buyer for repeated repairsRoyal Enfield compensation ruling: A Coimbatore consumer court has ordered Royal Enfield and its dealer Bharat Automotives to pay Rs 5.1 la...
- Crude awakening: Chemical companies face margin pressure as oil-linked costs surge amid geopolitical tensionsRising crude oil prices are pressuring chemical sector margins due to increased feedstock and energy costs. Despite this, the Nifty Chemica...
- Holding stocks is harder than finding them: 10 mid- and small-caps stocks that may be worth holding on toHolding a stock is not an act of blind faith. It is not refusing to change one’s mind. It is not averaging down because the stock has falle...
- 8th Pay Commission fitment factor demand: Railway employee body demands multiple fitment factors; minimum pay of Rs 52,600The Indian Railways Technical Supervisors’ Association (IRTSA) has submitted a memorandum to the 8th Pay Commission demanding five distinct...
- 8th Pay Commission Delhi meeting dates: Important update for Defence, Railway employees as 8th CPC set to discuss salary hike, fitment factor & moreThe 8th Central Pay Commission will meet with Defence and Railway employee and pensioner bodies in New Delhi on May 13 and 14, 2026. Stakeh...
- Star Health to launch affordable health insurance plans targeting tier 2, 3 marketsAs healthcare expenses soar, Star Health is bracing for premium increases in the next fiscal year. In a proactive move, the insurer is roll...
- ET Prime Special Series: Multibagger or Bankrupt – Part 55: This old-economy giant helped power India’s past. Its big test lies aheadSome companies face disruption at the level of products. Others face it at the level of technology. That is what makes this story more comp...
- Fresh curbs on insurance commissions likely as expense breaches mount in FY25Insurance regulators are concerned about rising distribution costs inflating premiums. This follows the removal of product-wise commission ...
- Irdai steps up scrutiny of insurers exceeding expenses capIrdai has initiated quarterly monitoring for eight insurers exceeding their 30% expenses of management limits to enforce financial discipli...
- Insurers report rise in commission expensesIn FY24, commission expenses for life insurers increased by 22% and doubled for general insurers after IRDAI removed caps on commission pay...
- ET Explainer: An act of commission?New regulations permit insurance companies to determine commissions based on board-approved policies, but they must not exceed overall expe...
- ET Explains: Why banks & agents prefer selling traditional savings insurance products over term insuranceBanks and insurance agents often favour endowment policies over term policies because endowment plans offer them higher commissions. These ...
- IRDAI's new rules for commission payouts may lead to better pricingWhile the Payment of Commission Regulations, 2023, removes previous caps on payments, the Expenses of Management (EOM) Regulations, 2023, a...
- IRDAI's new rules on commissions give cos flexibilityIn a draft notification earlier this week, the Insurance Regulatory and Development Authority of India (IRDAI) set a 20% commission cap for...
- Insurance agents may see rise in commissionsThe Insurance Bill empowers the Insurance Regulatory and Development Authority of India (IRDA) to put limits on expenses.
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